Hi dear friends, hope you are well, and welcome to the new update on XRP coin.
On the weekly chart, after the drastic drop, the price action of the XRP has completed the final leg of bullish BAT and entered in the potential reversal zone. There are also 50 and 100 simple moving averages as supports in the buying zone.
Possible profit and loss ratio:
This trade has a profit possibility of 178% and the loss possibility is only 21%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the weekly chart, after the drastic drop, the price action of the XRP has completed the final leg of bullish BAT and entered in the potential reversal zone. There are also 50 and 100 simple moving averages as supports in the buying zone.
Possible profit and loss ratio:
This trade has a profit possibility of 178% and the loss possibility is only 21%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.